Monday, August 10, 2015

Global markets rise driven by Chinese buying bags and Warren Buffett – Financial Journal

Diario Financiero Online

Global stock markets rose with animated by the Chinese stock rally and investment from billionaire Warren Buffett force, the largest in its history.

On Wall Street, the Dow Jones left behind seven consecutive losses and got his best day in two months after rising 1.39% to 17615.17 integers.

It was followed by the S & P 500 with a rise of 1.28% to 2104.18 points, while the Nasdaq Composite did by 1.16% to 5101.80 units.

The good American spirit drove European stock markets. The IBEX 35 Madrid led the gains with 1.19%, after two consecutive declines, and closed above 11,300 points for the first time in two weeks.

Below the Italian FTSE won 1.10% to 23,966.44 points and the German DAX by 0.99% to 11604.78 integers are located.

with more moderate increases ended the Paris CAC and the London FTSE which rose 0.79% and 0.26%, respectively. In peripheral bags, Athens noted with appreciation Lisbon 2% and earnings reached 0.5%.

The day was marked by the good start to the week of the Chinese stock market. The Shanghai Composite Index Monday soared 4.9% to 3,928 points.

Attention also caught the billionaire Warren Buffett, now implemented its largest investment in the history after spending US $ 37,200 Precision Castparts million, a manufacturer of equipment for aeronautics and energy sectors.

“The move reflects the good momentum of purchases and acquisitions in the United States,” he appropriated expansion.

Finally, in a conference, Fed Vice Chairman Stanley Fischer, warned that inflation in the world’s largest economy is “very low” and could be a sign that the expected September rate hike may be delayed.

Finally, in a conference, Fed Vice Chairman Stanley Fischer, warned that inflation in the world’s largest economy is “very low” and could be a sign that the eventual rate hike expected for September could be delayed

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